Budgetary Measures 2021/2022: Notice to Employers and RTIs
Employers and Registered Training Institutions are hereby being informed that the following budgetary measures have been announced in the 2021/2022 Budget Speech:
(i) Allowable Expenditure Eligible
SMEs will be allowed to use their unutilised contribution of training levy with the Human Resource Development Council (HRDC) to finance external business advisory services up to a maximum amount of Rs 50,000 per annum. This will allow enterprises which have been negatively impacted by the COVID-19 pandemic to restructure their business model by resorting to, for example through independent financial services or a business review from professional consultants. This measure will apply for a period of 2 years starting as from 1 July 2021.
(ii) Mauritius Qualifications Authority Act
The Mauritius Qualifications Authority (MQA) Act will be amended to allow the Authority to provide accreditation to non-award courses, for them to qualify for refund from HRDC.
In this context, a communique will be issued by HRDC in due course once the Finance Act will be enacted, to elaborate on the implementation of the above measures to all stakeholders.
HRDC Management
14.06.2021